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FULLERTON, CA-BRE Properties Inc. is breaking ground on Pinnacle at Fullerton today, a 192-unit luxury complex that will rise at the corner of Lemon and Commonwealth here. The first units are slated for completion in early 2004.
SEATTLE-A reinvented relationship with the University of Washington allows Northwest real estate giant Unico Properties--restricted for the past 50 years from competing with the school's investments here, which it manages--to pursue opportunities inside city limits, though still not Downtown.
DETROIT-The Lions' future home will also host large conventions, tournaments and other events, such as the 2006 Super Bowl that is expected to fill many of the 31,000 hotel rooms in the region.
NEWARK, NJ-Operating partner Kushner Cos., marked the upgrade of the 222,000-sf, 77-year-old downtown landmark with a ceremonial building lighting that marks its spot on the skyline.
LONDON-The Royal Institution of Chartered Surveyors has responded to the House of Commons Transport, Local Government and the Regions Select Committee report on empty homes, which calls for strong government intervention to reverse the problem of empty housing prevalent in many northern towns.
SAN DIEGO-The station occupies 26,000 sf, including a street-side studio and newsroom with windows facing Horton Plaza and Broadway Avenue, reminiscent of NBC's TODAY Show in New York City's Rockefeller Center.
HARRISON, NY-Chevron/Texaco revealed on Friday, March 22, that it had closed on the sale of the former Texaco headquarters here with Morgan Stanley. The financial services firm will eventually employ 2,000 workers at the 2000 Westchester Ave. site.
AUSTIN-CB Richard Ellis in Austin beat several competitors for the leasing and management of the Maier Siebel Baber portfolio, but admittedly had a distinct advantage over others seeking the key assignment.
SAN FRANCISCO-A court battle between a developer and the city over a hotel conversion law has been resolved. The developer must pay more than $1 million to cover more than six years worth of affordable housing fees.
HILLSBORO, OR-Overall vacancy in the 1.67-million-sf class A office market here stands at 48.3% through the first 10 weeks of the year, according to the latest report from Cushman & Wakefield.